Cost of living in Nigeria

Nigeria, located in West Africa, offers several advantages for its residents. Firstly, the country boasts a vibrant culture and diverse ethnic groups, providing a rich tapestry of traditions and celebrations. Nigerians take pride in their heritage and maintain a strong sense of community and belonging.

In terms of economy, Nigeria is the largest oil producer in Africa, which has led to significant developments and opportunities for its citizens. This has fueled economic growth and attracted foreign investment, resulting in job creation and increased personal income. Additionally, the size and population of the country present a vast market potential for businesses and entrepreneurs.

Nigeria also possesses a favorable climate, particularly in the southern regions, with abundant sunshine and fertile land. This allows for the cultivation of various crops and supports a thriving agricultural sector. The availability of diverse natural resources, beyond oil, including solid minerals and natural gas, further contributes to the country’s economic resilience.

Furthermore, Nigeria’s educational system has made significant progress in recent years, with several esteemed universities and research institutions. This has paved the way for skilled professionals in various sectors, fostering innovation and development.

In terms of tourism, Nigeria offers breathtaking landscapes, such as the famous Olumo Rock, Yankari National Park, and the Niger Delta wetlands. These natural attractions attract both domestic and international tourists, contributing to the local economy and creating employment opportunities within the hospitality industry.

Despite some challenges, Nigeria continues to make strides in areas such as technological advancements, infrastructure development, and healthcare. Additionally, the warm and hospitable nature of Nigerians fosters a welcoming environment for residents and visitors alike.

Overall, Nigeria provides a unique blend of cultural diversity, economic growth, natural beauty, and opportunities for personal and professional development.

Average salaries in Nigeria

Here are some examples of average monthly earnings for popular positions in Nigeria:

1. Teacher: The average monthly salary for a teacher in Nigeria is around 80,000 NGN ($200) to 150,000 NGN ($375), depending on the level of experience and qualifications.

2. Salesperson: A salesperson in Nigeria can earn an average monthly salary of 50,000 NGN ($125) to 100,000 NGN ($250), depending on the industry and commission structure.

3. Driver: The average monthly earnings for a driver in Nigeria range from 40,000 NGN ($100) to 80,000 NGN ($200), depending on the type of vehicle and the employer.

It is important to note that these figures are approximate and can vary depending on factors such as location, industry, experience, and qualifications. Additionally, the cost of living in Nigeria should also be taken into consideration when assessing the purchasing power of these salaries.

Please keep in mind that the exchange rates mentioned are subject to fluctuations and may not reflect the current rates.

Food prices in Nigeria

Meals in restaurants

Here is an example of meal prices in restaurants in Nigeria. Please note that these prices are approximate and can vary depending on the location and type of restaurant:

1. Local Nigerian dish (e.g., Jollof rice, Egusi soup, or Suya): 500-1500 NGN ($1.20-$3.60) per plate.

2. Fast food combo meal (e.g., burger, fries, and a drink): 1000-2500 NGN ($2.40-$6) per meal.

3. Continental cuisine (e.g., pasta, steak, or grilled chicken): 2000-5000 NGN ($4.80-$12) per dish.

4. Seafood platter (e.g., grilled fish or prawns): 3000-8000 NGN ($7.20-$19) per serving.

5. Pizza: 2000-6000 NGN ($4.80-$14.40) per pizza, depending on the size and toppings.

6. Buffet: 3000-10000 NGN ($7.20-$24) per person, depending on the restaurant and selection of dishes.

7. Breakfast (e.g., omelette, toast, and coffee): 1000-3000 NGN ($2.40-$7.20) per meal.

8. Vegetarian/vegan options: 1500-4000 NGN ($3.60-$9.60) per dish.

Please note that these prices are just examples and can vary depending on the restaurant’s location, quality, and level of service. It’s always a good idea to check the menu or ask the staff for the exact prices before ordering.

Grocery shopping

Here is a list of basic food items and their approximate prices in Nigerian stores:

1. Rice (1kg) – ₦500 ($1.20) – €1.00

2. Bread (loaf) – ₦300 ($0.72) – €0.60

3. Eggs (1 dozen) – ₦600 ($1.44) – €1.20

4. Chicken (1kg) – ₦1,500 ($3.60) – €3.00

5. Beef (1kg) – ₦1,200 ($2.88) – €2.40

6. Fish (1kg) – ₦800 ($1.92) – €1.60

7. Milk (1 liter) – ₦400 ($0.96) – €0.80

8. Sugar (1kg) – ₦400 ($0.96) – €0.80

9. Flour (1kg) – ₦300 ($0.72) – €0.60

10. Cooking oil (1 liter) – ₦800 ($1.92) – €1.60

11. Tomatoes (1kg) – ₦300 ($0.72) – €0.60

12. Onions (1kg) – ₦200 ($0.48) – €0.40

13. Potatoes (1kg) – ₦400 ($0.96) – €0.80

14. Beans (1kg) – ₦400 ($0.96) – €0.80

15. Bananas (1kg) – ₦300 ($0.72) – €0.60

Please note that these prices are approximate and may vary depending on the location and store. It’s also important to consider that the exchange rates for the Nigerian Naira to Euro and US Dollar may fluctuate.

Cafes and bars

Here is a list of average prices for beverages served in bars and cafes in Nigeria:

1. Bottled water: 100-150 NGN ($0.25-$0.40) per bottle

2. Soft drinks (Coca-Cola, Pepsi, etc.): 150-250 NGN ($0.40-$0.65) per can

3. Fruit juice (orange, pineapple, etc.): 200-300 NGN ($0.50-$0.80) per glass

4. Tea: 200-300 NGN ($0.50-$0.80) per cup

5. Coffee: 300-500 NGN ($0.80-$1.30) per cup

6. Smoothies: 500-800 NGN ($1.30-$2.10) per glass

7. Milkshakes: 500-800 NGN ($1.30-$2.10) per glass

8. Local alcoholic beverages (beer, palm wine): 300-500 NGN ($0.80-$1.30) per bottle/glass

9. Imported alcoholic beverages (wine, spirits): 1,000-3,000 NGN ($2.60-$7.80) per glass/bottle

Please note that these prices are approximate and can vary depending on the location and establishment. It’s always a good idea to check the menu or ask the staff for the exact prices before ordering.

In summary, the average prices for beverages in bars and cafes in Nigeria range from 100-150 NGN ($0.25-$0.40) for bottled water to 1,000-3,000 NGN ($2.60-$7.80) for imported alcoholic beverages.

Accomodation

Flat rental in Nigeria

The approximate rental costs for apartments in Nigeria are as follows:

1. Studio apartment in a city center: ₦300,000 – ₦500,000 per year (€600 – €1,000 / $700 – $1,200)

2. One-bedroom apartment in a city center: ₦500,000 – ₦800,000 per year (€1,000 – €1,600 / $1,200 – $1,900)

3. Two-bedroom apartment in a city center: ₦800,000 – ₦1,500,000 per year (€1,600 – €3,000 / $1,900 – $3,600)

4. Three-bedroom apartment in a city center: ₦1,500,000 – ₦3,000,000 per year (€3,000 – €6,000 / $3,600 – $7,200)

5. Studio apartment outside the city center: ₦200,000 – ₦400,000 per year (€400 – €800 / $480 – $960)

6. One-bedroom apartment outside the city center: ₦300,000 – ₦600,000 per year (€600 – €1,200 / $700 – $1,400)

7. Two-bedroom apartment outside the city center: ₦500,000 – ₦1,000,000 per year (€1,000 – €2,000 / $1,200 – $2,400)

8. Three-bedroom apartment outside the city center: ₦800,000 – ₦1,500,000 per year (€1,600 – €3,000 / $1,900 – $3,600)

Please note that these prices are approximate and can vary depending on the location, size, and condition of the apartment. Additionally, rental costs may be higher in major cities like Lagos and Abuja compared to smaller towns. It is always advisable to research and compare prices before making any rental decisions.

Buy a house or apartament in Nigeria

– Średnia cena zakupu domu w Nigerii wynosi około 50 000 000 NGN (około 100 000 euro lub 120 000 dolarów amerykańskich).

– Mieszkania w większych miastach, takich jak Lagos czy Abuja, mogą kosztować od 20 000 000 NGN do nawet 100 000 000 NGN (od 40 000 euro do 200 000 euro lub od 50 000 dolarów amerykańskich do 240 000 dolarów amerykańskich).

– W mniejszych miastach i na przedmieściach ceny mieszkań mogą być niższe, zaczynając od około 5 000 000 NGN (10 000 euro lub 12 000 dolarów amerykańskich).

– Wysokiej klasy domy i apartamenty w ekskluzywnych dzielnicach mogą kosztować nawet 500 000 000 NGN (1 000 000 euro lub 1 200 000 dolarów amerykańskich).

– Ceny nieruchomości mogą się różnić w zależności od lokalizacji, rozmiaru, stanu i innych czynników.

– Dodatkowe koszty, takie jak podatki, opłaty notarialne i prowizje pośredników, mogą również wpływać na ostateczną cenę zakupu.

– Warto zasięgnąć porady lokalnego eksperta ds. nieruchomości przed dokonaniem zakupu, aby uzyskać dokładne informacje na temat aktualnych cen i kosztów związanych z zakupem nieruchomości w Nigerii.

Transport in Nigeria

Public transport

Here is a list of different forms of public transportation in Nigeria along with their approximate prices in Nigerian Naira (NGN), Euros (EUR), and US Dollars (USD):

1. Buses: The cost of a bus ride in Nigeria varies depending on the distance traveled and the city. On average, a short bus ride within a city can cost around 100-200 NGN (0.20-0.40 EUR / 0.25-0.50 USD), while longer intercity bus rides can range from 500-2,000 NGN (1-5 EUR / 1.25-6 USD).

2. Minibuses (Danfo): Minibuses are a popular mode of transportation in Nigeria, especially in Lagos. The fare for a danfo ride within a city can range from 50-200 NGN (0.10-0.40 EUR / 0.12-0.50 USD), depending on the distance.

3. Motorcycles (Okada): Motorcycle taxis, known as okadas, are commonly used for short-distance travel in Nigeria. The fare for an okada ride can range from 50-200 NGN (0.10-0.40 EUR / 0.12-0.50 USD), depending on the distance.

4. Tricycles (Keke Napep): Tricycles are another popular mode of transportation in Nigeria, especially in urban areas. The fare for a keke napep ride within a city can range from 50-200 NGN (0.10-0.40 EUR / 0.12-0.50 USD), depending on the distance.

5. Taxis: Taxis are available in major cities in Nigeria. The fare for a taxi ride varies depending on the city and distance traveled. On average, a short taxi ride within a city can cost around 500-1,000 NGN (1-2 EUR / 1.25-2.50 USD), while longer rides can range from 2,000-5,000 NGN (5-12 EUR / 6-15 USD).

Please note that these prices are approximate and can vary depending on factors such as location, time of day, and negotiation with the driver. It’s always a good idea to confirm the fare with the driver before starting your journey.

Fuel prices

Here are some examples of fuel prices in Nigeria:

1. Petrol (Premium Motor Spirit): ₦165 per liter (approximately €0.38 or $0.45 per liter)

2. Diesel (Automotive Gas Oil): ₦220 per liter (approximately €0.51 or $0.60 per liter)

3. Kerosene: ₦160 per liter (approximately €0.37 or $0.44 per liter)

Please note that these prices are approximate and can vary depending on the location and current market conditions. It’s always a good idea to check the latest prices before making any fuel purchases.

In recent years, Nigeria has experienced fluctuations in fuel prices due to factors such as changes in global oil prices, exchange rates, and government policies. The prices mentioned above are based on the average rates observed in major cities like Lagos and Abuja.

Fuel prices in Nigeria are heavily subsidized by the government to keep them relatively affordable for the general population. However, occasional fuel scarcity and long queues at petrol stations are not uncommon.

It’s worth mentioning that Nigeria is a major oil-producing country, and the cost of fuel is a significant factor in the country’s economy. The government continues to explore ways to diversify the economy and reduce its reliance on oil revenues.

Overall, fuel prices in Nigeria are subject to fluctuations and can vary depending on various factors. It’s advisable to stay updated with the latest prices and plan accordingly for any travel or transportation needs.

Vehicles rental

Here are some examples of rental prices for vehicles such as cars or scooters in Nigeria:

1. Car rental:

– Economy car: ₦10,000 – ₦15,000 per day (€20 – €30 / $23 – $35)

– Mid-size car: ₦15,000 – ₦20,000 per day (€30 – €40 / $35 – $47)

– SUV: ₦20,000 – ₦30,000 per day (€40 – €60 / $47 – $70)

2. Scooter rental:

– Basic scooter: ₦3,000 – ₦5,000 per day (€6 – €10 / $7 – $12)

– Premium scooter: ₦5,000 – ₦8,000 per day (€10 – €16 / $12 – $19)

Please note that these prices are approximate and can vary depending on factors such as the rental company, location, duration of rental, and the type of vehicle. It is always recommended to check with local rental agencies for the most accurate and up-to-date prices.

Nigeria uses the Nigerian Naira (NGN) as its local currency. The conversion rates to Euro (€) and US Dollars ($) may vary, so it is advisable to check the current exchange rates before making any conversions.

Entertainment prices in Nigeria

Here is a list of different forms of entertainment in Nigeria along with their approximate prices in Nigerian Naira (NGN), Euros (EUR), and US Dollars (USD):

1. Movie ticket: 1,500 NGN ($3.70, €3.10)

2. Concert ticket: 5,000 NGN ($12.30, €10.30)

3. Theatre play ticket: 3,000 NGN ($7.40, €6.20)

4. Music festival ticket: 10,000 NGN ($24.60, €20.60)

5. Amusement park entry: 2,000 NGN ($4.90, €4.10)

6. Sports event ticket: 2,500 NGN ($6.20, €5.20)

7. Nightclub entry: 3,000 NGN ($7.40, €6.20)

8. Comedy show ticket: 2,000 NGN ($4.90, €4.10)

9. Art exhibition entry: 1,000 NGN ($2.50, €2.10)

10. Karaoke night: 1,500 NGN ($3.70, €3.10)

Please note that these prices are approximate and can vary depending on the location, popularity, and demand for the specific event or venue. It’s always a good idea to check for updated prices before attending any form of entertainment in Nigeria.

Basic services in Nigeria

Here is a list of basic services and their approximate prices in Nigeria:

1. Cinema ticket: The average price for a cinema ticket in Nigeria is around 1,500 Naira ($3.50) to 2,500 Naira ($6).

2. Haircut (men): A basic men’s haircut in Nigeria can cost between 500 Naira ($1.20) to 2,000 Naira ($4.70), depending on the location and the salon.

3. Haircut (women): Women’s haircuts in Nigeria can range from 1,000 Naira ($2.35) to 5,000 Naira ($11.75), depending on the complexity of the style and the salon.

4. Beauty salon services: Services such as facials, manicures, and pedicures in Nigeria can cost between 2,000 Naira ($4.70) to 10,000 Naira ($23.50), depending on the salon and the specific service.

5. Massage: The price for a one-hour massage in Nigeria can range from 3,000 Naira ($7) to 10,000 Naira ($23.50), depending on the type of massage and the spa or wellness center.

6. Car mechanic: The cost of car repairs in Nigeria can vary greatly depending on the type of repair and the mechanic. Basic services such as an oil change can start from 3,000 Naira ($7), while more complex repairs can cost several thousand Naira.

Please note that these prices are approximate and can vary depending on the location, quality of service, and other factors. It is always advisable to check with specific service providers for accurate pricing.

Healthcare

Here is a list of prices for private healthcare services in Nigeria:

1. Visit to a specialist doctor: The cost of a consultation with a specialist doctor in Nigeria can range from 10,000 to 30,000 Nigerian Naira (approximately 20 to 60 euros or 25 to 70 US dollars).

2. Visit to a dentist: The cost of a dental check-up in Nigeria can range from 5,000 to 20,000 Nigerian Naira (approximately 10 to 40 euros or 12 to 50 US dollars). The price may vary depending on the specific dental procedure required.

3. Visit to an ophthalmologist: The cost of an eye examination by an ophthalmologist in Nigeria can range from 5,000 to 15,000 Nigerian Naira (approximately 10 to 30 euros or 12 to 35 US dollars). Additional costs may apply for specialized tests or procedures.

It is important to note that these prices are approximate and can vary depending on the location, reputation, and expertise of the healthcare provider. Additionally, the cost of medication, tests, and treatments may not be included in the consultation fees and would be additional expenses.

Private healthcare in Nigeria can be more expensive compared to public healthcare facilities, but it often offers shorter waiting times, better facilities, and more personalized care. It is advisable to check with individual healthcare providers for specific pricing information and to inquire about any additional costs that may be involved.

Vacations and trips

Here is a list of prices related to vacations and trips in Nigeria:

1. Accommodation:

– Budget hotel: 10,000 – 20,000 NGN per night (20 – 40 EUR / 25 – 50 USD)

– Mid-range hotel: 20,000 – 50,000 NGN per night (40 – 100 EUR / 50 – 125 USD)

– Luxury hotel: 50,000+ NGN per night (100+ EUR / 125+ USD)

2. Transportation:

– Domestic flight: 20,000 – 50,000 NGN one-way (40 – 100 EUR / 50 – 125 USD)

– Taxi: 500 – 2,000 NGN for short distances (1 – 4 EUR / 1.25 – 5 USD)

– Car rental: 10,000 – 20,000 NGN per day (20 – 40 EUR / 25 – 50 USD)

3. Food and drinks:

– Local restaurant: 1,000 – 3,000 NGN per meal (2 – 6 EUR / 2.5 – 7.5 USD)

– International restaurant: 3,000 – 10,000 NGN per meal (6 – 20 EUR / 7.5 – 25 USD)

– Street food/snacks: 200 – 1,000 NGN (0.5 – 2 EUR / 0.6 – 2.5 USD)

4. Attractions and activities:

– National park entrance fee: 1,000 – 5,000 NGN (2 – 10 EUR / 2.5 – 12.5 USD)

– Guided tour: 5,000 – 20,000 NGN (10 – 40 EUR / 12.5 – 50 USD)

– Water sports (e.g., jet skiing, boat ride): 5,000 – 20,000 NGN (10 – 40 EUR / 12.5 – 50 USD)

5. Souvenirs:

– Traditional clothing: 5,000 – 20,000 NGN (10 – 40 EUR / 12.5 – 50 USD)

– Handcrafted items: 1,000 – 10,000 NGN (2 – 20 EUR / 2.5 – 25 USD)

– Local artwork: 10,000 – 50,000 NGN (20 – 100 EUR / 25 – 125 USD)

Please note that these prices are approximate and can vary depending on the location, season, and quality of services. It’s always a good idea to research and compare prices before making any bookings or purchases.

Clothes and accessories

The average prices of clothing and accessories in Nigeria vary depending on the brand, quality, and location. Here is a list of average prices for different clothing items and accessories in Nigeria:

1. T-shirts: ₦2,000 – ₦5,000 ($5 – $13) (€4 – €11)

2. Jeans: ₦5,000 – ₦10,000 ($13 – $26) (€11 – €22)

3. Dresses: ₦5,000 – ₦15,000 ($13 – $39) (€11 – €33)

4. Shirts: ₦3,000 – ₦8,000 ($8 – $21) (€7 – €18)

5. Shoes: ₦5,000 – ₦20,000 ($13 – $52) (€11 – €44)

6. Bags: ₦3,000 – ₦15,000 ($8 – $39) (€7 – €33)

7. Watches: ₦5,000 – ₦30,000 ($13 – $78) (€11 – €66)

8. Sunglasses: ₦2,000 – ₦10,000 ($5 – $26) (€4 – €22)

9. Hats: ₦1,000 – ₦5,000 ($3 – $13) (€2 – €11)

10. Belts: ₦2,000 – ₦8,000 ($5 – $21) (€4 – €18)

Please note that these prices are approximate and can vary depending on the location, store, and brand. It is always recommended to compare prices and quality before making a purchase. Additionally, prices may be higher in upscale shopping malls and lower in local markets.